The global Biological Seed Treatment Market is forecasted to reach USD 2,037.5 million by 2027, according to a new report by Reports and Data. The growing demand from emerging markets will help the biological seed treatment market to maintain stable growth over the forecast period. The adoption of modern farming techniques will provide strength to the Biological Seed Treatment Market and will also help in its growth over the forecasted period. The necessity to improve the rate and frequency of germination is resulting in the increasing utilization of biological seed treatment solutions for the production of agricultural crops.
The report is furnished with the latest market scenario pertaining to the COVID-19 pandemic and its after-effects on the industry and the key segments. The pandemic has disrupted the workflow of the industry and created financial difficulties. The report assesses the complete impact of the pandemic on the market and offers key insights into the market scenario along with trends and demands disruptions. The report also offers an outlook on the market scenario in the forecast timeline.
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Key participants include BASF SE, Syngenta International AG, Bayer CropScience AG, DuPont, Monsanto Company, Koppert Biological Systems, ADAMA agricultural solutions, Plant Health Care, Incotec, and Verdesian Life Sciences, among others.
Further key findings from the report suggest
• The microbials segment accounted for the largest market share of the biological seed treatment in 2019. The need to improve crop quality and human health is most likely to increase the usage of the microbials in the agricultural sector.
• Seed enhancement held the largest market share of 57.68% in 2019 and is expected to maintain steady growth over the forecast period. The biostimulants help in the improvement of the rate and frequency of germination.
• Increasing use of biofertilizers and bioinsecticides for treating vegetable seeds and rising awareness regarding the adverse effects of agrochemicals is expected to drive the growth of biological seed treatment solutions for the production of vegetable crops.
• North America accounted for the largest market share of the biological seed treatment solutions in 2019. The increasing need for higher yield and eradication of pathogens from the plants is driving the use of biological seed treatment solutions by the farmers in the region.
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For the purpose of this report, Reports and Data has segmented into the Global Biological Seed Treatment Market on the basis of product, function, crop type, and region:
Product Outlook (Revenue, USD Million; 2017-2027)
• Botanicals & others
• Microbials (Fungi, Bacteria)
Function Outlook (Revenue, USD Million; 2017-2027)
• Seed Enhancement (Biostimulants, Biofertilizers)
• Seed Protection (Biofungicides, Bioinsecticides)
Crop Type Outlook (Revenue, USD Million; 2017-2027)
• Wheat
• Corn
• Sunflower
• Cotton
• Soybean
• Vegetable crops
• Others
Regional Outlook (Revenue, USD Million; 2017-2027)
• North America
o U.S
o Canada
• Europe
o Germany
o U.K
o France
o BENELUX
o Rest of Europe
• Asia Pacific
o China
o Japan
o South Korea
o Rest of APAC
• MEA
o Saudi Arabia
o UAE
o Rest of MEA
• Latin America
o Brazil
o Rest of LATAM
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The research provides answers to the following key questions:
• What will be the market size and growth rate of the Biological Seed Treatment market for the forecast period 2017-2027 across different regions?
• What are the key driving forces expected to shape the future of the industry worldwide?
• What strategies are the prominent vendors adapting to stay ahead of their competitors?
• Which major trends are impacting the development of the Biological Seed Treatment Market Worldwide?
• Which factors can hinder, challenge or even restrict the expansion of the Biological Seed Treatment market worldwide?
• What are the opportunities or future prospect for the business owners operating in the market for the forecast period, 2017 - 2027?
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